second mortgage

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Another said their flat was "unmortgageable and therefore unsaleable" because of the high ground rent, which meant they had to delay starting a family as they could not afford a second mortgage.

From BBC • May 26, 2026

Aaron Levinson wanted to go to a World Cup game this summer, but he didn’t want to take out a second mortgage to pay for that.

From Los Angeles Times • Apr. 14, 2026

The most common type of down-payment assistance, according to Down Payment Resource, is a second mortgage, or piggyback loan, which has grown in popularity as affordability has challenged home buyers.

From MarketWatch • Jan. 31, 2026

They used crowdfunding and took out a second mortgage on their home to scrape together $100,000 to pay for the procedure, setting $55,000 aside in what they thought was a safe escrow account.

From The Wall Street Journal • Oct. 22, 2025

A big source of its growth had been the second mortgage.

From "The Big Short" by Michael Lewis